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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Bull Market Weakness (+75) - SEKCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKCAD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SEKCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.14466836 0.14470253 0.14449477 0.14455800 -0.00011000
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term up The long-term trend has been UP since Mar 3rd, 2020 at 0.14121025

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2020 at 0.13901818

short term down The short-term trend has been DOWN since Jun 2nd, 2020 at 0.14459404

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14466836 0.14470253 0.14449477 0.14455800 -0.00011000
Prev. Close Volume Bid Ask Time
0.14466836 0.14452600 0.14459000 2020-06-02 02:13:16
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